SEB Asset Management AB purchased a new stake in Rogers Communication, Inc. (NYSE:RCI – Free Report) (TSE:RCI.B) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 50,406 shares of the Wireless communications provider’s stock, valued at approximately $1,932,000.
Several other large investors have also recently added to or reduced their stakes in the company. Fiera Capital Corp grew its position in Rogers Communication by 8,881.3% during the 4th quarter. Fiera Capital Corp now owns 7,196,876 shares of the Wireless communications provider’s stock worth $271,751,000 after acquiring an additional 7,116,744 shares during the last quarter. Morgan Stanley raised its holdings in Rogers Communication by 138.0% during the 4th quarter. Morgan Stanley now owns 5,080,341 shares of the Wireless communications provider’s stock worth $191,681,000 after purchasing an additional 2,945,885 shares during the last quarter. Bank of America Corp DE lifted its holdings in Rogers Communication by 67.8% in the third quarter. Bank of America Corp DE now owns 4,866,999 shares of the Wireless communications provider’s stock valued at $167,765,000 after buying an additional 1,966,476 shares during the period. Caisse de depot et placement du Quebec acquired a new position in shares of Rogers Communication in the 3rd quarter valued at $47,082,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in Rogers Communication by 390.7% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,021,444 shares of the Wireless communications provider’s stock worth $35,156,000 after buying an additional 813,286 shares during the last quarter. 45.49% of the stock is owned by institutional investors.
More Rogers Communication News
Here are the key news stories impacting Rogers Communication this week:
- Positive Sentiment: Rogers beat Q2 estimates, posting EPS of $0.83 versus $0.80 expected and revenue of $3.95 billion versus $3.91 billion expected, which supports the stock. Article: Rogers Communication (RCI) Surpasses Q2 Earnings and Revenue Estimates
- Positive Sentiment: Total service revenue rose 8% year over year, adjusted EBITDA increased 3%, and free cash flow grew 6%, showing healthier operating momentum. Article: Rogers Communications Reports Second Quarter 2026 Results
- Positive Sentiment: The company reaffirmed its 2026 guidance, which can reassure investors that management still expects steady growth in service revenue, EBITDA, and free cash flow. Article: Rogers Communications Reports Second Quarter 2026 Results
- Positive Sentiment: Rogers announced a $0.50 quarterly dividend, implying an attractive yield that may appeal to income-focused investors. Article: Rogers Communications Declares 50 Cents per Share Quarterly Dividend
- Neutral Sentiment: Analysts and market commentary are focusing on valuation after mixed results, suggesting the stock may be viewed as fairly priced rather than dramatically undervalued. Article: Where Does Rogers Communications (TSX:RCI.B) Valuation Sit After Mixed Results And A Reaffirmed Dividend?
- Negative Sentiment: Despite the beat, earnings per share declined from $1.14 a year ago, which may temper enthusiasm about the pace of profit growth. Article: Rogers Communication stock data
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on Rogers Communication
Rogers Communication Price Performance
Shares of NYSE RCI opened at $32.66 on Friday. Rogers Communication, Inc. has a fifty-two week low of $31.38 and a fifty-two week high of $41.14. The business has a fifty day moving average price of $35.65 and a two-hundred day moving average price of $36.59. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.55 and a quick ratio of 0.53. The stock has a market capitalization of $17.64 billion, a PE ratio of 3.94, a P/E/G ratio of 4.00 and a beta of 0.64.
Rogers Communication (NYSE:RCI – Get Free Report) (TSE:RCI.B) last issued its earnings results on Wednesday, July 22nd. The Wireless communications provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.03. Rogers Communication had a return on equity of 11.41% and a net margin of 27.54%.The firm had revenue of $3.95 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter last year, the business posted $1.14 EPS. The company’s revenue was up 7.6% compared to the same quarter last year. As a group, equities analysts predict that Rogers Communication, Inc. will post 3.36 earnings per share for the current fiscal year.
Rogers Communication Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 8th. Rogers Communication’s payout ratio is presently 15.30%.
Rogers Communication Company Profile
Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.
In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.
Further Reading
- Five stocks we like better than Rogers Communication
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Receive News & Ratings for Rogers Communication Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Communication and related companies with MarketBeat.com's FREE daily email newsletter.
